... Level Medium Low Overall ML Risk Level Vulnerability Level, Threat Level and Overall ML Risks of Financial Sectors 3 Banks Insurance Money Service Operators Securities Money Lenders Th re at Vulnerability Risk Levels of Financial Sectors High Medium High Medium Low Medium Low Low Medium Low Medium...

... & training 5 Chapter 3 Chapter 3 –– RiskRisk--Based ApproachBased Approach 3.4, 3.6: assess ML/TF risks of customers by assigning a risk rating to the customers; adjust risk assessment from time to time 3.5: consider risk factors: - country - customer - product/service - delivery/distribution channel 3.8...

... On my part, the IA has promulgated Guideline on the Use of Internet for Insurance Activities that drew attention of service providers to key issues that deserve attention, and is about to circulate a draft guideline on cybersecurity for industry consultation, drawing reference from the Group of Seven...

... Level Medium Low Overall ML Risk Level Vulnerability Level, Threat Level and Overall ML Risks of Financial Sectors 3 Banks Insurance Money Service Operators Securities Money Lenders Th re at Vulnerability Risk Levels of Financial Sectors High Medium High Medium Low Medium Low Low Medium Low Medium...

... & training 5 Chapter 3 Chapter 3 –– RiskRisk--Based ApproachBased Approach 3.4, 3.6: assess ML/TF risks of customers by assigning a risk rating to the customers; adjust risk assessment from time to time 3.5: consider risk factors: - country - customer - product/service - delivery/distribution channel 3.8...

... brokers carrying on or advising on long term business; and licensed money service operators. 3 The Bill includes the proposal to amend the requirements in relation to wire transfers, so consequential amendments will also be made to Chapter 10 of the AML Guideline, including relevant address verification...

.../service - delivery/distribution channel 3.8: record keeping and justification Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region Chapter Four: Customer Due Diligence Office of the Commissioner of Insurance The Government of the Hong Kong Special...

...: consider risks factors: - country - customer - product/service - delivery/distribution channel 3.8: record keeping and justification 17 Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region Chapter Four:Chapter Four: Customer Due DiligenceCustomer Due...

.../service - delivery/distribution channel 3.8: record keeping and justification Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region Chapter Four: Customer Due Diligence Office of the Commissioner of Insurance The Government of the Hong Kong Special...

...: consider risks factors: - country - customer - product/service - delivery/distribution channel 3.8: record keeping and justification 17 Office of the Commissioner of Insurance The Government of the Hong Kong Special Administrative Region Chapter Four:Chapter Four: Customer Due DiligenceCustomer Due...